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economies of scale — scale effect Reductions in the average cost of production, and hence in the unit costs, when output is increased. If the average costs of production rise with output, this is known as diseconomies of scale. Economies of scale can enable a… … Accounting dictionary

economies of scale — scale effect Reductions in the average cost of production, and hence in the unit costs, when output is increased. If the average costs of production rise with output, this is known as diseconomies of scale. Economies of scale can enable a… … Big dictionary of business and management

economies of scale — UK US noun [plural] business reductions in the cost of making and selling products that are made possible because a business is very large Thesaurus: discounts and price reductionssynonym units of moneyhyponym … Useful english dictionary

economies of scale — pl.n. circumstances, conditions, etc. which encourage mass production of a commodity by lowering its unit cost as greater quantities are produced * * * … Universalium

economies of scale — pl.n. circumstances, conditions, etc. which encourage mass production of a commodity by lowering its unit cost as greater quantities are produced … English World dictionary

Economies of scale — The decrease in the marginal cost of production as a plant s scale of operations increases. The New York Times Financial Glossary * * * economies of scale economies of scale ➔ scale * * * The theory that it is cheaper and more efficient to… … Financial and business terms

economies of scale — Achievement of lower average cost per unit through increased production. Bloomberg Financial Dictionary The decrease in the marginal cost of production as a firm s extent of operations expands. Bloomberg Financial Dictionary * * * economies of… … Financial and business terms

Economies Of Scale — The increase in efficiency of production as the number of goods being produced increases. Typically, a company that achieves economies of scale lowers the average cost per unit through increased production since fixed costs are shared over an… … Investment dictionary